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Furniture; parts, of other than wood

940399 (Harmonized System 2022 for 6-digit)

2023
World Trade $9.55BRnk 389 / 5606
2023
Top Exporter | Top Importer $3.25B | $2.06BChina | United States
2023
Product Complexity 0.66Rnk 1623 / 5606
2022 - 2023
Export Growth (CAGR) -12.6%Rnk 3726 / 5606
2023
Share of World Trade 0.042%Rnk 389 / 5606

About

Overview This page contains the latest trade data of Furniture parts, non-wood. In 2023, Furniture parts, non-wood were the world's 389th most traded product, with a total trade of $9.55B. Between 2022 and 2023 the exports of Furniture parts, non-wood decreased by -12.6%, from $10.9B to $9.55B. Trade in Furniture parts, non-wood represent 0.042% of total world trade.

Furniture parts, non-wood are a part of Other Furniture.

Exports In 2023 the top exporters of Furniture parts, non-wood  were China ($3.25B), Germany ($987M), Italy ($772M), Austria ($354M), and United States ($341M).

Imports In 2023 the top importers of Furniture parts, non-wood were United States ($2.06B), Germany ($822M), France ($523M), Canada ($399M), and United Kingdom ($388M).

Ranking Furniture parts, non-wood ranks 1623rd in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Furniture parts, non-wood. Countries are shown based on data availability.

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

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* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Year
Top Origin (2023)China$3.25B
Top Destination (2023)United States$2.06B

In 2023 Furniture parts, non-wood were the world's 389th most traded product (out of 5,606).

In 2023, the top exporters of Furniture parts, non-wood were China ($3.25B), Germany ($987M), Italy ($772M), Austria ($354M), and United States ($341M).

In 2023, the top importers of Furniture parts, non-wood were United States ($2.06B), Germany ($822M), France ($523M), Canada ($399M), and United Kingdom ($388M).

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Exporters of Furniture parts, non-wood (2023)
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Importers of Furniture parts, non-wood (2023)
[Click to Select a Country]

Market Dynamics

Starting
Ending
Color
Top Origin Growth (2022 -  2023)Philippines$44.6M
Top Destination Growth (2022 -  2023)India$54.3M

Between 2022 and 2023, the exports of Furniture parts, non-wood grew the fastest in Philippines ($44.6M), Mexico ($43.6M), Ukraine ($23.4M), Spain ($11.2M), and Romania ($9.28M).

Between 2022 and 2023, the fastest growing importers of Furniture parts, non-wood were India ($54.3M), Philippines ($34.8M), United Arab Emirates ($33.7M), Malaysia ($27.3M), and Mexico ($27M).

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Exporters of Furniture parts, non-wood (2022 - 2023)

Importers of Furniture parts, non-wood (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Furniture parts, non-wood.

In 2023, market concentration measured using Shannon Entropy, was 3.98. This means that most of the exports of Furniture parts, non-wood are explained by 15 countries.

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Value of Exports in Furniture parts, non-wood

Net Trade

Year
TOP NET EXPORTER (2023)China$3.19B
TOP NET IMPORTER (2023)United States$1.72B

This map shows which countries export or import more of Furniture parts, non-wood. Each country is colored based on the difference in exports and imports of Furniture parts, non-wood during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Furniture parts, non-wood were China ($3.19B), Italy ($558M), Chinese Taipei ($230M), Mexico ($209M), and Austria ($202M).

In 2023, the countries that had a largest trade value in imports than in exports of Furniture parts, non-wood were United States ($1.72B), France ($398M), Japan ($325M), United Kingdom ($297M), and Australia ($213M).

Net Trade (2023)

Country Comparison

Flow
Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Furniture parts, non-wood.
It is possible to select the main countries that export or import Furniture parts, non-wood in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Furniture parts, non-wood by percentage of total exports

Product Complexity

Diversification Frontier

Specialization
Year

The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.

Relatedness vs Country Complexity (2023)

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